The Heckscher-Ohlin Model Generates Several Important Conclusions About the Effects

The Heckscher-Ohlin model generates several important conclusions about the effects of international trade:

A) international trade increases the total value of goods and services consumed.
B) to capture the gains from trade and specialization, resources must be shifted from import-competing industries to export industries.
C) consumption patterns change because exported products become more expensive and import-competing goods become less expensive.
D) estimates of the welfare gained from the shift to international trade illustrated by the movement to a higher indifference curve are very small.
E) All of the above.